Revenue
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $582,000 | $68,000 | $0 | — | $5.8M | $19.8M | $23.3M | $21.3M | $22.3M | $24.5M | $26.0M | $23.7M | $24.1M | $23.9M | $25.3M |
| Gross profit | $0 | $486,000 | −$168,000 | $0 | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | 83.51% | −247.06% | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | $4.2M | $4.6M | $5.9M | $10.4M | $12.7M | $4.0M | $26,000 | $72,000 | $139,000 | — | — | — | — | — | — | — |
| Operating expenses | $9.3M | $16.2M | $21.0M | $33.2M | $113.7M | $7.2M | $21.6M | $23.1M | $22.7M | $24.6M | $31.4M | $30.8M | $24.9M | $25.1M | $27.1M | $25.6M |
| Operating income | −$9.3M | −$15.7M | −$21.1M | −$33.2M | −$113.7M | −$7.2M | −$1.8M | $203,000 | −$1.4M | −$2.3M | −$6.9M | −$4.7M | −$1.1M | −$1.1M | −$3.3M | −$325,000 |
| Operating margin | — | −2,693.13% | −31,080.88% | — | — | −124.97% | −8.90% | 0.87% | −6.59% | −10.21% | −28.12% | −18.21% | −4.71% | −4.41% | −13.72% | −1.28% |
| EBITDA | −$9.3M | −$15.5M | −$21.1M | −$33.1M | −$113.6M | −$7.2M | $1.1M | $3.0M | $915,000 | $609,000 | −$3.8M | −$2.0M | $1.7M | $1.8M | −$16,000 | $2.9M |
| EBITDA margin | — | −2,669.24% | −30,957.35% | — | — | −123.28% | 5.63% | 12.71% | 4.30% | 2.73% | −15.46% | −7.67% | 7.28% | 7.55% | −0.07% | 11.37% |
| Net income | −$14.1M | −$44.5M | −$21.7M | −$24.6M | −$122.5M | −$7.3M | −$2.0M | −$259,000 | −$1.1M | −$2.9M | −$7.2M | −$5.0M | −$1.1M | −$995,000 | −$3.4M | −$400,000 |
| Net profit margin | — | −7,652.75% | −31,864.71% | — | — | −125.71% | −10.34% | −1.11% | −5.06% | −13.10% | −29.47% | −19.31% | −4.43% | −4.13% | −14.32% | −1.58% |
| Basic EPSper basic share | -$56.00 | -$1,224.00 | -$1,530.00 | -$3,022.50 | -$21,228.75 | -$3,075.00 | -$10,800.00 | -$1,500.00 | -$6,750.00 | -$23,100.00 | -$58,950.00 | -$45,000.00 | -$7,500.00 | -$7,500.00 | -$45,000.00 | -$7,500.00 |
| Diluted EPSper diluted share | -$56.00 | -$1,224.00 | -$1,530.00 | -$3,022.50 | -$21,228.75 | -$3,075.00 | -$10,800.00 | -$1,500.00 | -$6,750.00 | -$23,100.00 | -$58,950.00 | -$45,000.00 | -$7,500.00 | -$7,500.00 | -$45,000.00 | -$7,500.00 |
Reported shareholders
| Holder | % owned |
|---|---|
Cherington Charles | —6.78M shares |
CITADEL ADVISORS LLC | 1.29%15.1K shares |
VANGUARD FIDUCIARY TRUST CO | 0.71%8.34K shares |
Dauntless Investment Group, LLC | 0.51%6K shares |
VANGUARD CAPITAL MANAGEMENT LLC | 0.49%5.68K shares |
Tradewinds Capital Management, LLC | 0.03%361 shares |
Gurrola Sandra M | ≈<0.01%110 shares |
BlackRock, Inc. | <0.01%33 shares |
ASSETMARK, INC | <0.01%5 shares |
BNP PARIBAS FINANCIAL MARKETS | <0.01%1 shares |
SBI Securities Co., Ltd. | <0.01%1 shares |
Percentages use 1.17M shares of this listed class outstanding on Jun 30, 2026. ≈ compares the latest reported holding with a share total from a different date; it is not a confirmed current stake.
Gray completes the 100% scale. Reported positions may overlap; holders have different reporting dates.
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Feb 10, 2026Form 4 | Cherington CharlesTenPercentOwner | BuyCommon Stock | 4.00M | $0.50 | $2.00M | 6.78M |
| Feb 10, 2026Form 4 | Cherington CharlesTenPercentOwner | BuyWarrants to Purchase Common Stock · derivative | 4.00M | — | — | 4.00M |
| Jun 9, 2025Form 4 | Cherington CharlesTenPercentOwner | BuyCommon Stock | 21.24M | $0.10 | $2.12M | 41.66M |
| Apr 2, 2025Form 4 | Cherington CharlesTenPercentOwner | BuyCommon Stock | 3.77M | $0.10 | $376.8K | 20.40M |
| Oct 29, 2024Form 4 | Cherington CharlesTenPercentOwner | BuyCommon Stock | 1.56M | — | — | 13.81M |